Frontier Developments plc (LON:FDEV) Analysts Just Cut Their EPS Forecasts Substantially
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Has the U.K. Entertainment Industry valuation changed over the past few years?
|Mon, 29 Nov 2021||UK£4.0b||UK£441.6m||-UK£5,150,765.00||35.1x|
|Wed, 27 Oct 2021||UK£3.7b||UK£438.1m||-UK£6,961,486.00||43.9x|
|Fri, 24 Sep 2021||UK£3.8b||UK£419.7m||-UK£10,873,840.00||45.3x|
|Sun, 22 Aug 2021||UK£3.9b||UK£413.0m||-UK£26,702,196.52||47x|
|Fri, 09 Jul 2021||UK£3.4b||UK£413.0m||-UK£26,702,196.52||42.3x|
|Thu, 01 Apr 2021||UK£3.6b||UK£409.0m||-UK£28,691,779.52||50.4x|
|Sun, 03 Jan 2021||UK£3.2b||UK£373.8m||-UK£32,325,150.00||56.4x|
|Wed, 07 Oct 2020||UK£2.7b||UK£379.8m||-UK£10,854,704.00||53.1x|
|Tue, 30 Jun 2020||UK£2.9b||UK£2.8b||-UK£1,214,768,743.00||32.9x|
|Fri, 03 Apr 2020||UK£2.4b||UK£3.3b||-UK£518,682,006.50||27.2x|
|Mon, 06 Jan 2020||UK£4.6b||UK£3.7b||UK£156.1m||29.2x|
|Thu, 10 Oct 2019||UK£4.6b||UK£4.0b||UK£203.5m||25.6x|
|Wed, 03 Jul 2019||UK£4.9b||UK£3.9b||UK£235.1m||22.8x|
|Sat, 06 Apr 2019||UK£5.3b||UK£3.6b||UK£229.5m||20.3x|
|Tue, 08 Jan 2019||UK£4.8b||UK£3.6b||UK£234.8m||19x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 35.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: Total earnings for the Entertainment industry have declined over the last three years, with the industry now making a loss overall. Revenues have declined 46% per year. This means overall sales are declining and profits are subsequently falling as well.
Which industries have driven the changes within the U.K. Entertainment industry?
|Movies and Entertainment||-3.24%|
|Interactive Home Entertainment||-8.25%|
Industry PE: Investors are most optimistic about the Interactive Home Entertainment industry which is trading above its 3-year average PE ratio of 53.0x. However analysts are expecting annual earnings growth of 22%, which is lower than the prior year's growth of 26% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Movies and Entertainment industry, which is trading close to its 3-year average of 19.3x.
Forecasted Growth: Analysts are most optimistic on the Movies and Entertainment industry, expecting annual earnings growth of 24% over the next 5 years. This is better than its past earnings decline of 11% per year. Meanwhile, the Interactive Home Entertainment industry is expected to see its earnings grow by 22% per year over the next few years.
Which companies have driven the market over the last 7 days?
Everyman Media Group